RUSAL seeks Kremlin aid four bauxite and alumina plants face mothballing risk
Leading Russian aluminium producer RUSAL is considering mothballing four alumina and bauxite facilities as the company faces combined annual losses of around USD 800 million. The move hints at the growing pressure on the economics of domestic raw-material production. RUSAL is also estimating losses...
RUSAL train derailment in Guinea halts Friguia alumina exports
Alumina exports from RUSAL’s Friguia refinery in Guinea have been halted after a train carrying the material derailed over the weekend, disrupting rail access to the plant and forcing production to slow, three sources told Reuters. The train, operated by Russian aluminium producer RUSAL RUAL.MM,...
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UC RUSAL to invest EUR 4 mln in SUAL-Powder Metallurgy modernization
UC RUSAL, a leading, global aluminium producer, announces a plan to modernize the SUAL-Powder Metallurgy (Shelekhov, Russia) plant. The total project investment is estimated to be EUR 4 mln. The plant is acquiring a classifier mill HOSOKAWA Alpine (Germany). The installation of the new equipment...
Rusal's Kandalaksha plant to produce electrical wire rods
The more than 60 year old Rusal smelter in Kandalaksha located in the southern part of the Murmansk Oblast shines bright in the Arctic landscape. The plant buildings look nicely renovated and the lawn separating the production facilities is as well kept as in the finest city park. "We take prestige...
Rusal’s quarterly loss shrinks as unprofitable plants closed
United Co. Rusal (486)’s quarterly loss narrowed from the previous three months after the world’s largest aluminum producer shut unprofitable plants and cut costs. The net loss shrank to $172 million in the third quarter from $458 million in the second, Moscow-based Rusal said today in a statement....
Court annuls anti-dumping duty on foil by Council Regulation (EC)
On 5th November 2013, the General Court of the European Union upheld the application of RUSAL Armenal ZAO (“Armenal”), a foil-producing subsidiary of UC RUSAL located in Armenia, for annulment of a Council regulation that had imposed an anti-dumping duty on imports of aluminium foil by Armenal into...
Akwa Ibom Assembly accuses RUSAL of destroying assets of ALSCON
The Akwa Ibom House of Assembly on Friday condemned the alleged destruction of Aluminium Smelter Company of Nigeria (ALSCON) in Ikot Abasi Local Government Area of the state by UC RUSAL, the Russian firm currently in charge of the management of the company. The lawmakers made the criticism at a...
Russia's Rusal expands value-added aluminum output on demand
Russia's Rusal, the world's largest aluminum producer, is running its mills at full capacity for billet, slab and foundry alloy production but cutting ingot output, Rusal Marketing CEO Steve Hodgson said in an interview Friday in Tokyo. Later this month, Rusal will start negotiations with Japanese...
Krasnoyarsk scientists propose RUSAL to transfer the bauxite residues to them for processing
Siberians are ready to build furnaces and recycle the red mud remaining after the processing of bauxite. The new technology, they argue, will produce cheap iron, rare earth metals and silica foam, which enjoys popularity in Europe throughout various industries. The project was supported by the...
China’s aluminum capacity out of balance with domestic demand
Aluminum output in China is soaring, and according to the Ministry of Industry and Information Technology, approximately 10 million tons of capacity are being built. Meanwhile, in the West, run rates are finally coming down. Delay in closing plant among western smelters have finally turned into a...
Akwa Ibom Assembly asks BPE to take over ALSCON
Akwa Ibom State of House Assembly yesterday passed a resolution calling on the Bureau of Pubic Enterprises, BPE, to take over the plant and assets of the Aluminium Smelter Company of Nigeria, ALSCON. The resolution followed alleged recent case of looting of ALSCON assets by RUSSAL. While bringing...
Alcoa and Rusal benefited from LME warehouse issues: Wall Street Journal
Two of the world’s largest aluminum makers reaped an estimated $1.4 billion in revenues from higher fees amid a logjam at London Metal Exchange warehouses, according to an analysis by The Wall Street Journal. The two companies, Alcoa Inc. and United Co. Rusal, have emerged as some of the most vocal...
Deutsche Bank continues to see Aluminium prices drifting lower into the H1 of 2014
Deutsche Bank said that the aluminium market remains “more pain, before the cure”. That means weaker pricing in the near-term, to force further producer discipline, but we think the outlook has started to improve modestly. UC RUSAL’s update on their capacity closure plans went further than we had...
Rusal Plans to continue aluminum output cuts in 2014
The world's largest aluminum producer, United Co. Rusal PLC, said Thursday that it plans to continue its steep production cuts in 2014 as global markets remain heavily oversupplied. The company said it expects to reduce output by 647,504 tons next year as it continues to feel the impact of the full...
Rusal wins $275 million in damage from Tajik Aluminum Company
The world’s largest aluminum company says it has won $275 million in damages from Tajikistan’s largest enterprise. Moscow-based Rusal said in an emailed statement on October 16 that a Swiss tribunal had found the Tajik Aluminum Company (TalCo) in breach of two 2003 agreements with Rusal subsidiary...
UC Rusal to invest in environmental upgrade
UC Rusal plans to invest RUR 367.9 million modernising gas treatment equipment at the Irkutsk aluminium smelter (IrkAZ). According to the emissions reduction plan, approved by the Ministry of natural resources of the Irkutsk region, between 2013 and 2015, seven electrostatic precipitators in the...
Rusal lobbies for no change to LME warehouse rules
Russia's United Company Rusal, the world's largest aluminium producer, is urging the London Metal Exchange to leave its controversial warehousing rules unchanged or risk damaging the whole market, Deputy CEO Oleg Mukhamedshin said on Tuesday. The LME, the world's biggest marketplace for industrial...
CME Group to launch an aluminium contract to challenge LME
CME Group, the world’s largest futures exchange, will launch an aluminium contract to challenge the London Metal Exchange’s dominance of the largest base metals market as it suffers a storm of public criticism. Harriet Hunnable, head of metals at the Chicago-based group, said its plans for an...
UC RUSAL upgrades Aluminium Smelter
UC RUSAL, a leading, global aluminium producer, announces that it has deployed a new dry gas scrubbing system at its Novokuznetsk aluminium smelter. The new gas treatment equipment will ensure that potroom emissions at the site (phase 2) are absorbed. The overall budget for the project was RUB 120...
ALSCON to inject 360MW into National Grid
In order to boost electricity supply in the country, the current operator of the nation’s premier Aluminum Smelter Company of Nigeria (ALSCON), in Ikot Abasi, Akwa Ibom State, UC RUSAL, has affirmed its readiness to inject approximately 360 mega watt annually to the national grid. However, the...
